Peoples Bank
MS
SBA-approved lender offering 6 loan programs across 23 industries.
Key Metrics
Interest Rate
8.57%
1.82% over prime
Average Loan
$1.0M
Per approval
Total Approvals
79
FY 2025
Loan Programs (6)
7a General
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Industries Served (23)
All Other Animal ProductionAll Other Automotive Repair and MaintenanceAll Other Miscellaneous Wood Product ManufacturingAll Other Specialty Trade ContractorsCar WashesCheese ManufacturingElectrical ContractorsFitness and Recreational Sports CentersGeneral Automotive RepairGeneral Freight Trucking, LocalGeneral Freight Trucking, Long Distance, TruckloadHotels (except Casino Hotels) and MotelsInsurance Agencies and BrokeragesLandscape Architectural ServicesLimited-Service RestaurantsLoggingLumber, Plywood, Millwork, and Wood Panel Merchant WholesalersOther Personal Care ServicesPrivate Mail CentersSite Preparation ContractorsSnack and Nonalcoholic Beverage BarsSpecialty (except Psychiatric and Substance Abuse) HospitalsUsed Household and Office Goods Moving
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.82%
- Effective Rate
- 8.57%
- Fiscal Year
- 2025
- States Served
- MS
- Website
- www.peoplesbanksba.com
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